422 Balfour Drive Salisbury, NC 28147

Multi-Family (2-4 Units) MLS #: 4228675 Courtesy Of Keller Williams Ballantyne Area

$395,000

4 beds | 2 baths | 2 half baths | 2,060 sq ft
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Estimated monthly payments: $1,727/mo.* (recalculate)

Property InformationDescription

Investor or Owner-Occupant Opportunity! Modern Duplex with Assumable VA Loan. This fairly new duplex offers the perfect blend of investment potential and owner-occupant flexibility! One unit is tenant-occupied, providing immediate rental income, while the other is vacant and move-in ready. Each unit features 2 bedrooms and 2 bathrooms. Includes granite countertops, soft-close cabinets, tile flooring in the kitchen and bath, luxury vinyl plank in the living areas, and cozy carpeting in the bedrooms. Recently appraised above list price with strong rental estimates, this property is an excellent long-term asset. Even better, the seller is offering an assumable VA loan at just 3.6%, making financing more attractive for qualified buyers.

Whether you're an investor looking to maximize rental income or a homeowner seeking to offset your mortgage with rental revenue, this duplex is a fantastic opportunity. Schedule your showing today!
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Features

  • Age: 1-5 Years Old
  • Appliances: Dishwasher, Range, Washer
  • Architecture Style: Other
  • Floor Covering: Carpet, Vinyl
  • Lot Size: 0.4 Acres

MAP & DIRECTIONS

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422 Balfour Drive, Salisbury, NC 28147
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School Information

422 Balfour Drive, Salisbury, NC 28147

Elementary School
Grades PK-5 | Public School
KNOLLWOOD ELEMENTARY SCHOOL
Salisbury, NC 28147
3075 Shue Rd
704.­857.3400
Distance: 4.7 mi
School Rating
F
Student:Teacher Ratio
14:1
Total Students
421
Middle School
Grades 6-8 | Public School
KNOX MIDDLE SCHOOL
Salisbury, NC 28144
1625 W Park Rd
704.­633.2922
Distance: 2.8 mi
School Rating
F
Student:Teacher Ratio
15:1
Total Students
440
High School
Grades 9-12 | Public School
SALISBURY HIGH SCHOOL
Salisbury, NC 28144
500 Lincolnton Rd
704.­636.1221
Distance: 1.4 mi
School Rating
D-
Student:Teacher Ratio
15:1
Total Students
875
Other Nearby Schools Distance Type Grades School Rating
Rowan County Early College 1.8 mi Public 9-12 A+
Elizabeth Duncan - Koontz Elementary School 2.1 mi Public PK-5 D+
St Johns Kindergarten 2.2 mi Private PK-KG
Summit K-8 Virtual Academy 2.7 mi Public KG-8 C
Salisbury Academy 2.9 mi Private PK-8
Carroll T. Overton Elementary School 3.1 mi Public PK-5 D
Southeast Middle School 3.1 mi Public 6-8 D-
Salisbury Adventist School 3.1 mi Private 2-8
Nehemiah Enrichment Academy 3.2 mi Private KG-8
Henderson High School 3.2 mi Public 6-12 D
H.d. Isenberg Elementary School 3.3 mi Public PK-5 D+
North Hills Christian School 3.7 mi Private PK-12
Sacred Heart Catholic School 3.9 mi Private PK-8
Granite Quarry Elementary School 4.4 mi Public PK-5 D
Hurley Elementary School 4.4 mi Public PK-5 D-
Hanford Dole Elementary School 4.6 mi Public PK-5 F
Faith Elementary School 5.1 mi Public KG-5
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Salisbury, NC 28147

Median Age: 39.5
Married: 48%
Number of Households: 10,484
Households with Children: 35.4%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.